Land Sales Bulletin

Minnesota Farmland Snapshot: Recent Sales Across Key Counties

accountJennifer Moran | calendar-monthJuly 2, 2026

Minnesota’s farmland market continues to show resilience heading into the second half of 2026, supported by recent sales across several counties statewide. While values have softened slightly, the market remains stable, with widening gaps between excellent and moderate-quality tracts as buyer demand shifts.

3 Key Things to Watch in the Second Half of 2026

  • 2026 Crop Outlook — In‑season yield expectations will heavily influence farmer optimism and market aggressiveness
  • Geopolitics — War, trade, interest rates, and tariffs continue to shape commodity prices and input costs, with potential rate hikes and shifting global commitments on the horizon
  • Government Support — Additional assistance programs may help producers manage rising fuel and fertilizer costs and provide underlying support for land values

As a key Midwest reporting state for Land Sales Bulletin, Minnesota continues to demonstrate steady strength in the Midwest land market. Farm Progress:https://www.farmprogress.com/management/3-things-to-watch-as-farmland-market-readies-for-second-half-of-2026

Minnesota land sales - Farm Progress

June 2026 Farmland Market Update: Stability Holds Across the Corn Belt

accountJennifer Moran | calendar-monthJune 15, 2026

Hertz Real Estate Services’ June 2026 Farmland Market Update highlights a land market that remains steady across the Corn Belt, even as producers navigate tighter margins and shifting interest‑rate expectations. Hear from their President, Doug Hensley, shares the latest on farmland values, current market conditions, and key factors influencing the land market – Hertz Farmland Market Update Videos

Across the Midwest, Land Sales Bulletin’s finalized land sale data reflects the same trend: resilient pricing for top‑tier cropland across our Corn Belt states. While softer commodity prices and elevated input costs are creating pressure, neither has meaningfully disrupted the market’s underlying strength.

As both a trusted customer and a leading voice in the farmland industry, proud to share Hertz’s latest update. Make sure to sign up to have their Farmland Market Updates land in your inbox: https://www.hertz.ag/subscribe

Notable Iowa & Wisconsin Farmland Sales Highlight Strong Spring Market

accountJennifer Moran | calendar-monthMay 29, 2026

Recent Notable Sales across Iowa and Wisconsin continue to demonstrate the strength of high‑quality Midwest farmland, according to reporting from American Farmland Owner.

In Sioux County, Iowa, two premium cropland tracts sold for $26,600 per acre on April 2, reflecting the region’s continued demand for nearly all‑tillable farms with strong CSR2 ratings and efficient row layouts.
Tract 1 included 44.5± acres with a CSR2 of 91, while Tract 2 offered 40± acres with a CSR2 of 91.8, supported by proven Galva, Primghar, and Ely soils.

In Dane County, Wisconsin, a 207.55‑acre offering brought $18,750 to $24,000 per acre across five tracts at an April 17 auction.
The farm featured nearly all‑tillable acres, productive Plano, Ringwood, and Traxel silt loams, and strong proximity to Madison — all factors that contributed to competitive bidding in this tightly held region.

These Notable Sales reinforce the continued resilience of top‑quality cropland and the strong operator and investor interest across the our Midwest. https://www.americanfarmlandowner.com/post/notable-land-sales-midwest

Wisconsin Farmland Auction Surges to Nearly $22,000 Per Acre

accountJennifer Moran | calendar-monthMay 26, 2026

A recent auction in Stoughton, Wisconsin delivered one of the most eye‑opening sales the region has seen, with a 208‑acre farm selling for $21,946 per acre—more than triple the state’s 2025 average farmland value of $6,420 per acre. Rapid‑fire bidding pushed prices upward within minutes, driven by strong demand for high‑quality cropland and limited availability in Dane County. Nearly 50 bidders participated, but a local dairy farmer ultimately secured all five tracts offered.

The sale’s momentum has already sparked new interest among landowners considering bringing properties to market, underscoring the continued strength of premium farmland in Wisconsin—Land Sales Bulletin’s home Midwest reporting state. Read more from American Farmland Owner: Wisconsin Farm Sells for Nearly $22,000 an Acre in Rapid-Fire Auction 

Why a 602-Acre Indiana Farm Drew Bidders From Seven States

accountJennifer Moran | calendar-monthMay 22, 2026

A recent auction in west‑central Indiana showcased the continued strength of Midwest farmland—especially in regions where scale, soil quality, and location converge. The 602-acre farm, offered in seven tracts, drew 54 registered bidders and a standing‑room‑only crowd, with interest coming from seven states.

Despite the wide geographic interest, the final buyers were all local farmers or investors from west‑central Indiana, underscoring the resilience of local demand in a tightly held region. The property’s appeal was driven by three rare attributes:

  • Large scale — 602 acres, with 595.57 acres classified as cropland
  • High-quality soils — a WAPI of 172.6, unusually strong for the region
  • Strategic location — near major routes and within the growing “Silicon Heartland” corridor between Indianapolis and Purdue University

The farm averaged $19,259 per acre, well above Indiana’s statewide average of $14,826 per acre reported by Purdue University. Read more from Successful Farming: Why This 602-Acre Indiana Farm Drew Bidders From 7 States

As one of Land Sales Bulletin’s Midwest reporting states, Indiana continues to demonstrate selective strength—particularly for Class A soils and large, contiguous tracts that rarely come to market.

Why This 602-Acre Indiana Farm Drew Bidders From 7 States - Successful Farming

Southeast Wisconsin Farmland Values Surge on Manure‑Access Premiums

accountJennifer Moran | calendar-monthMay 20, 2026

Farmland values in southeast Wisconsin are rising sharply, with localized increases of 25% to 35% over the past year. Some properties are now trading between $13,000 and $16,000 per acre, even as grain and milk prices remain relatively flat.

According to Compeer Financial, the primary driver behind this surge isn’t commodity strength — it’s proximity to nutrient management systems and the operational efficiencies tied to manure application logistics.

Large dairy operations in Wisconsin increasingly require nearby acreage to meet nutrient management regulations, reduce hauling distances, and control fuel and labor costs. Land located within a three‑mile radius of major livestock facilities is commanding a premium as producers compete for strategically located acres.

Competition is also expanding beyond traditional farm operators. Commercial waste processors seeking land application sites for residual materials are entering the market, adding further upward pressure in regions with limited farmland inventory.

Structural changes in Wisconsin’s dairy sector — including modernization, automation, and herd expansions from 1,500 to more than 3,000 cows — are amplifying the need for nearby cropland and reshaping local land markets.

For landowners, recent high‑profile auctions in Dodge County and areas near Madison have elevated expectations and encouraged additional listings, with private sales achieving similarly strong results. Read or listen to the full report: Farmland Near Manure Sources Fetches Premium Pricing – Compeer

While commodity prices do not fully support these valuations, location‑driven demand continues to define southeast Wisconsin’s farmland market — a trend Land Sales Bulletin will continue monitoring across our Midwest reporting region.

Nebraska: A Key State in Land Sales Bulletin’s Midwest Reporting Region

accountJennifer Moran | calendar-monthMay 12, 2026

Nebraska remains a core part of Land Sales Bulletin’s 10‑state Midwest reporting region, with recent sales activity underscoring a familiar theme across the state: strong buyer demand and limited supply. Farmland listings remain scarce, and that tight inventory continues to support values even as commodity margins shift.
Landowners are cautious to sell, buyers remain active, and professionally marketed farms are moving quickly — a dynamic reflected in this month’s representative sales.

Recent Verified Sales Across Three Nebraska Counties

  • Saline County (Southeast) — 237.79 acres sold for $4,850/acre
    • 219.08 tillable acres across two parcels
    • Mix of flat and gently rolling cropland
    • Working corral and pen facilities included
  • Lancaster County (East) — 75.16 acres sold for $8,800/acre
    • More than 96% tillable, with a four‑year lime program applied before 2024 planting
    • Geological and hydrological reports suggest irrigation potential in the northeast corner (no test drilling yet)
  • Pierce County (Northeast) — Two‑tract sale
    • Tract 1: 160 acres at $4,300/acre; 129.9 certified irrigated acres; includes 2012 Zimmatic pivot and irrigation equipment
    • Tract 2: 320 acres at $5,300/acre; 267.48 certified irrigated acres; includes two 2007 pivots, gearhead, and updated well components

These transactions highlight the diversity of Nebraska’s land base — from high‑quality tillable acres in the east to pivot‑irrigated tracts in the northeast — and reinforce the value of consistent, verified reporting across the Midwest. Read more from Farm Progress: Land in Demand but not much supply on the Market

Subscribers can explore full sale details, historical trends, and county‑level data through Land Sales Bulletin’s reports and digital tools.

Southeast Iowa Farmland Auction Surges to $21,050 Per Acre

accountJennifer Moran | calendar-monthApril 29, 2026

A recent Louisa County auction underscored the continued strength of Iowa’s farmland market, with a 79‑acre tract selling for $21,050 per acre—well above the county’s average value of $11,632 per acre. The multi‑tract sale drew 46 registered bidders from at least 12 states, reflecting broad demand for high‑quality row‑crop ground paired with recreational timber.

The top‑selling tract featured a strong CSR2 of 88.4, appealing to both local and out‑of‑state buyers. Additional timber tracts, including parcels adjacent to the Cairo Woods Wildlife Area, also attracted competitive bidding.

As one of Land Sales Bulletin’s 10 Midwest reporting states, Iowa continues to demonstrate resilient buyer interest, with premium soils and recreational attributes driving strong results across the region. Read more from Successful Farming: Southeast Iowa Farmland Sells for $21,050 Per Acre, Draws Multi-State Bidding

Southeast Iowa Farmland Sells for $21,050 Per Acre, Draws Multi-State Bidding - Successful Farming

Illinois Farmland Auctions Surpass $40 Million in March

accountJennifer Moran | calendar-monthApril 28, 2026

Illinois farmland sales remained strong in March 2026, with more than 4,100 acres changing hands and total transactions exceeding $40.4 million. Activity spanned key agricultural counties including Grundy, Hancock, and McLean, where high-quality Class A tracts continued to draw competitive bidding from both local operators and investors.

Notable sales included two 120.52‑acre tracts in Grundy County that sold for $16,900 per acre, reflecting strong demand for highly productive soils with PI ratings above county averages. In Hancock County, a 138.69‑acre tract sold for $7,775 per acre, supported by strong organic matter and fertility advantages. McLean County saw 72.55 acres sell for $15,600 per acre, backed by strong yield history and solid soil productivity.

Market analysts note that despite higher interest rates and elevated input costs, Illinois farmland values remain resilient. Limited supply, strong balance sheets, and steady investor interest continue to support pricing across the state—one of Land Sales Bulletin’s 10 Midwest reporting states. Read more from Successful Farming: Illinois Farmland Auctions Bring Over $40 Million in March

Illinois Farmland Auctions Bring Over $40 Million in March - Successful Farming 4-23-2026

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